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SBI PO Mains General Awareness Quiz Set - 1


  • 1. Inaugural ADB Conference on Economic Development (ACED) opend in ..............
A.) Tokyo
B.) Singapore
C.) Kuala Lumpur
D.) Hong Kong

Answer: Option 'D'

Hong Kong

  • 2. Which foreign bank announced on 19 May 2016 to halve its branches in the country to 26 as customers shift to digital alternatives?
A.) Royal Bank of Scotland
B.) BNP Paribas
C.) HSBC
D.) American Express 

Answer: Option 'C'

HSBC

  • 3. On 4 May 2016, the Union Cabinet approved MoU between RBI and the Central Bank of UAE on co-operation on currency swap agreement. Who is the present governor of Central Bank of UAE?
A.) Ashraf Mahmood Wathra
B.) Fazel Kabir
C.) Sultan Bin Naseer AL-Suwaidi
D.) Dr. Azeema Adam

Answer: Option 'C'

Sultan Bin Naseer AL-Suwaidi

  • 4. The list of Central Banks in the world given. The correct combination is ..............
A.) Afghanistan - Da Afghanistan Bank
B.) Pakistan - State Bank of Pakistan
C.) Nepal - Napal Rastra Bank
D.) All of these

Answer: Option 'D'

All of these

  • 5. Practice of financial intermediaries facilitating the creation of credit in the financial systems without being subject to regulatory oversight is called as .........
A.) Shadow Banking
B.) Line Banking
C.) Narrow Banking
D.) Unit Banking

Answer: Option 'A'

Shadow Banking

  • 6. RBI constituted a 15-member inter-regulatory committee to monitor the growing phonomenon of shadow banking in 2014. Who acted as the Chairman of committee to give recommendations on shadow banking?
A.) Sambamurthy
B.) Rangachai
C.) Vijaya Bhaskar
D.) Nachiket Mor

Answer: Option 'C'

Vijaya Bhaskar

  • 7. On 5 May 2016, SEBI granted in-principle approval to which bank's request for an increase in the foreign investment limit to 74% from the existing limit of 41.87% without any sub-limits?
A.) ICICI
B.) HDFC
C.) SBI
D.) YES BANK

Answer: Option 'D'

YES BANK

  • 8. On 5 may 2016, RBI issued draft norms for on-tap licensing for universal bank. As per these guide lines, the initial minimum paidup voting equity capital required is ................
A.) Rs. 1000 cr
B.) Rs. 1500 cr
C.) Rs. 1200 cr
D.) Rs. 500 cr

Answer: Option 'D'

Rs. 500 cr

  • 9. Which Public Sector Bank became the first state-run lender to open an International Financial Services Centre (IFSC) in Gandhi nagar on 6 May 2016?
A.) State Bank of India
B.) Syndicate Bank
C.) IDBI Bank
D.) Indian Bank

Answer: Option 'C'

IDBI Bank

  • 10. On 25 May 2016, the Cabinet Commitee on Economic Affair approved which bank's requst for an increase in the foreign investment limit to 74% from the existing limit of 41.87% without any sub-limits?
A.) ICICI
B.) HDFC
C.) SBI
D.) YES Bank

Answer: Option 'D'

YES Bank

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